Fox Corporation

FOX: Is Fox Corporation Halal?

Fox Corporation

NASDAQCommunication ServicesUS

$51.63

+1.37%

Market Cap: 22.6B

Compliance Status

Doubtful

Screened on Jul 17, 2026 · AAOIFI Standard 21

C-

Borderline

39Score

Is Fox Corporation (FOX) halal? Doubtful. Based on AAOIFI screening, Fox Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 39/100 (Grade: C-).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

29.5% of 30.0% limit

What this means for you

You may own FOX, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 4% of your income from FOX

That is about $4.00 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Fox Corporation

Fox Corporation is a prominent media conglomerate primarily focused on news, sports, and entertainment operations within the United States. Its business is structured across three main divisions: Cable Network Programming; Television; and a segment encompassing Other, Corporate, and Eliminations. The Cable Network Programming division is responsible for creating and licensing news, business news, and sports content. This content is then disseminated across the U.S. through both traditional and virtual multi-channel video programming distributors (MVPDs), as well as various other digital platforms. This segment's extensive portfolio includes well-known national cable channels such as FOX News (for general news) and FOX Business (for financial news), multi-sport networks FS1 and FS2, FOX Sports Racing (dedicated to motorsports), FOX Soccer Plus (featuring live soccer and rugby), FOX Deportes (a Spanish-language sports service), and the Big Ten Network. Meanwhile, the Television segment focuses on acquiring, developing, marketing, and distributing diverse programming. It operates The FOX Network, a national broadcast television network renowned for its sports and entertainment programming. Other key assets in this division include Tubi, an advertising-supported video-on-demand (AVOD) service; Fox Alternative Entertainment, a full-service production studio specializing in unscripted and alternative content; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is dedicated to the creation, distribution, and monetization of Web3 content. Additionally, this segment holds ownership and operational control over 29 broadcast television stations. The Other, Corporate and Eliminations segment notably manages the FOX Studios Lot, situated in Los Angeles, California. This comprehensive facility offers a range of production and post-production services, comprising 15 sound stages, two broadcast studios, theaters, screening rooms, editing facilities, and numerous other amenities for television and film production. Fox Corporation was established in 2018 and is headquartered in New York, New York.

Sector: Communication Services · Industry: Entertainment

Why This Stock Is Doubtful

  • Debt is 29.5% of market cap, only 0.5 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Entertainment: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

  1. Doubtfulnow

    since Jul 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

  4. Doubtful

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Fox Corporation (FOX) halal to invest in?
Fox Corporation (FOX) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Fox Corporation get a C- compliance rating?
Fox Corporation (FOX) received a grade of C- (Borderline) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 29.5% (limit 30%); interest-bearing deposits of 19.3% (limit 30%); prohibited income of 0.98% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Fox Corporation's Shariah verdict?
Fox Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Fox Corporation re-screened for Shariah compliance?
Fox Corporation (FOX) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.